Grain futures prices extended recent volatility

Grain futures prices extended recent volatility, with Chicago Board of Trade wheat contracts dipping 0.6% to $6.17/bushel in early trading, while corn futures edged higher to $4. The U.S. dollar index remains sensitive to concerns about tariffs, rising debt levels, and global uncertainty. While the index made a slightly lower low in September, it posted a marginal 0.08% gain for the month, remaining not far above the lowest level since 2022. Gold at record high as bulls eyeing $4,000 … The U.S. government shutdown and other geopolitical concerns have pushed the price of gold to a new all-time high above $3,900.00 overnight. The yellow metal is now in easy striking distance of $4,000.00 an ounce. Gold has soared more than 48% this year, putting it on track for the biggest annual gain since 1979. Silver prices overnight scored a 14-year high near $48.00 an ounce and are closing in on the all-time record high of just above $50.00, hit in 1980. Grain futures prices for soybeans picked up momentum after Brazil’s harvest pace slowed by rains, cutting forecasted output. Traders increased August contract bids, pushing prices towards $12.